Apple (AAPL +4.8%) investors have every right to be outraged now that it's clear Jobs' exit from MacWorld was due to his health, Blodget says. On the other hand, it's a relief that the board finally seems to understand how serious the issue is to shareholders - and that his illness isn't all that serious.
2006-2007 the stock kept selling off rallying because of the option back dating scandal and the board found nothing wrong. Now 2008-2009 the stock keeps hemming and hawing due to the board's confusion over Jobs health. Its one thing to hide a blatant lie and another one's health. This stock is a long term short.
Eli Hoffmann is Seeking Alpha's VP Content. Eli heads up SA's news team, and, working closely with CEO David Jackson, oversees all SA Content initiatives. Eli was also instrumental in designing Seeking Alpha's hugely-successful Wall Street Breakfast and Market Currents news products, and... More
Jobs says the remedy is "relatively simple and straightforward."
On Jan 05 01:34 PM Herbert Hoover wrote:
> Why would you assume that his illness is not serious?
This news story has 4 comments:
On Jan 05 01:34 PM Herbert Hoover wrote:
> Why would you assume that his illness is not serious?
On Jan 05 02:20 PM SA Editor Eli Hoffmann wrote:
> Jobs says the remedy is "relatively simple and straightforward."
>